Chinese Economics Thread
- Thread starter Norfolk
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Starbucks failed in Australia. Had closed many stores in recent years. Existing remaining stores cater mainly for tourists/foreigners. Aussie prefers local stuff. Starbucks is more a lifestyle/cultural thing here, never a serious cuppa. Sorry for being off topic.
It's not about the coffee but creating an experience. That's why upmarket folks in China bought into it.
Its sad really because apparently they pay 20% more for a lower quality coffee bean.
@B.I.B.
I like Tim Hortons and UCC better, gosh Even Dunkin Donuts and Mcdonald coffee taste better than Starbuck
Guys. I REALLY love my coffee.
The best coffee shops are really the non-franchise specialty shops. And they do not have to be expensive either, but i have to admit some do.
They best coffee I ever had was at Mandarin Oriental Hotel in HK. The second best cup of coffee (also cheap) I ever had was at unknown neighborhood coffee shop in Barcelona. I do not even bother going to Starbucks unless if I really have to (my family likes to collect Starbucks mug) as their coffee is either CRAP or SUGARY CRAP. It is not that difficult. You can find these specialty coffee shops if you keep your eyes and mind open. Look for specialty shops that take pride in the quality of their product and services.
The best coffee shops are really the non-franchise specialty shops. And they do not have to be expensive either, but i have to admit some do.
They best coffee I ever had was at Mandarin Oriental Hotel in HK. The second best cup of coffee (also cheap) I ever had was at unknown neighborhood coffee shop in Barcelona. I do not even bother going to Starbucks unless if I really have to (my family likes to collect Starbucks mug) as their coffee is either CRAP or SUGARY CRAP. It is not that difficult. You can find these specialty coffee shops if you keep your eyes and mind open. Look for specialty shops that take pride in the quality of their product and services.
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You should go to Wellington, New Zealand of all places for coffee then. For some reasons much better than even Italy Spain or anywhere else. And it is not just one cafe that is good but nearly all of them. They probably have the highest roaster density per capita.
I also had great coffee in Chiang Mai of all places.
Starbucks never... Lmao flavoring on coffee?
/Off topic
Good tip mate. I may try that sometime.
My current favourite is a local roaster. They roast their beans in-house in front of customer and serves the best consistent coffee. The ambiance is very appealing like some run-down tropical roaster. The master will even serve me coffee made from rejected roast to compare and taste the difference.
some in the United States suspect China is trying to engineer a bust of the USD, digital Yuan is part of the effort. I think the real game changer maybe inflation. a significant
rise in inflation will be the end of the so-called "modern monetary theory". since the US is highly indebted, Fed will be totally naked and we'll be in interest time.
there's part to play for the Yuan. as we've seen, 25% tariff has little impact on the Yuan, this means China can allow the Yuan to appreciate significantly, this compounding with the coming commodity cycle, can cause significant inflation, which maybe more effective in bringing down the card house of the dollar.